Vetting Franchise Opportunities: CFA Accreditation
Vetting Franchise Opportunities: CFA Accreditation
Should Canadian buyers be wary of franchise opportunities not accredited by the Canadian Franchise Association (CFA)?
2 Answers
Yes, Canadian buyers should be cautious with franchise opportunities not accredited by the CFA. Accreditation ensures adherence to a code of ethics, transparent disclosure, and fair contractual terms, reducing risk and providing greater confidence in the franchisor’s practices.
Yes Canadian buyers should be cautious with franchises not accredited by the CFA. Accreditation doesn’t guarantee success, but it signals that the franchisor meets recognized standards for transparency, disclosure, and support, which can save a buyer a lot of stress. Going in blind with a non-accredited franchise can feel like walking into a deal with hidden traps higher risk of misleading promises, weak support, or disputes so while it’s not automatically a deal-breaker, the CFA mark is a reassuring safety net that makes the investment feel less emotionally and financially risky.